South Jersey Market Report - July 2024
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 238 | 47 | 63 | 36 | 15% | 56 | 47 | 1m | 3.8 |
Somers Point | 40 | 14 | 9 | 5 | 22% | 14 | 11 | 544k | 4.4 |
EHT | 176 | 51 | 34 | 14 | 19% | 88 | 36 | 367k | 5.2 |
Atlantic City | 368 | 80 | 24 | 48 | 6% | 78 | 26 | 335k | 15.3 |
Upper Twp. | 52 | 13 | 7 | 3 | 13% | 50 | 7 | 557k | 7.4 |
Ventnor | 79 | 27 | 22 | 3 | 27% | 58 | 12 | 507k | 3.6 |
Margate | 77 | 27 | 15 | 4 | 19% | 27 | 5 | 1.8m | 5.1 |
Longport | 16 | 5 | 6 | 3 | 37% | 37 | 1 | 750k | 2.7 |
Brigantine | 138 | 37 | 28 | 20 | 20% | 46 | 28 | 618k | 4.9 |
Galloway | 163 | 37 | 38 | 16 | 23% | 27 | 30 | 362k | 4.3 |
Absecon | 22 | 9 | 9 | 5 | 40% | 17 | 7 | 341k | 2.4 |
Linwood | 36 | 7 | 4 | 4 | 11% | 35 | 7 | 352k | 9 |
Northfield | 35 | 16 | 6 | 1 | 17% | 52 | 6 | 293k | 5.8 |
Pleasantville | 60 | 22 | 10 | 8 | 16% | 43 | 19 | 221k | 6 |
Strathmere | 6 | 0 | 1 | 1 | 16% | - | 0 | - | 6 |
Sea Isle City | 47 | 9 | 8 | 2 | 17% | 261 | 9 | 1.7m | 5.9 |
Avalon | 97 | 20 | 9 | 4 | 9% | 125 | 9 | 3.9m | 10.8 |
Stone Harbor | 54 | 10 | 5 | 5 | 9% | 106 | 3 | 3.3m | 10.8 |
Wildwood | 57 | 20 | 9 | 9 | 15% | 107 | 15 | 674k | 6.3 |
Wildwood Crest | 49 | 12 | 16 | 0 | 32% | 137 | 7 | 808k | 3.1 |
N. Wildwood | 61 | 18 | 12 | 3 | 19% | 81 | 14 | 516k | 5.1 |
West Wildwood | 5 | 0 | 0 | 2 | 0 | - | 0 | - | 0 |
Cape May | 40 | 6 | 8 | 1 | 20% | 64 | 7 | 1.1m | 5 |
Cape May CtHs | 70 | 22 | 13 | 1 | 18% | 107 | 12 | 543k | 5.4 |
N. Cape May | 23 | 10 | 7 | 2 | 30% | 60 | 5 | 339k | 3.3 |